日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Top Biz News

Bond issue urged to cover unis' debts

By Wang Ying (China Daily)
Updated: 2007-07-07 09:43
Large Medium Small

The country's top advisory body has called for the issuing of national treasury bonds to help ease skyrocketing debts resulting from the runaway expansion of the nation's universities and colleges.

The Standing Committee of Chinese People's Political Consultative Conference released a report earlier this week saying that the total debts of China's public universities and colleges had reached 250 billion yuan ($32.5 billion).

Universities' income mainly depends on tuition fees and government funding, which often fails to cover daily expenses and interest on bank loans, let alone manage to pay off these debts, the report said.

It suggested that central and local governments should share the loan interest burden with universities and national treasury bonds worth 100 billion yuan should be issued soon.

"The universities want to enroll more students to collect more tuition fees, which may lead to future expansion and get them into a vicious circle," the report said.

Enrollments have risen rapidly since the government launched a student-recruitment campaign in 1999.

In the first year of the campaign, enrollments swelled by 520,000 nationwide.

As more students poured in, universities turned to loans to finance the building of much-needed classrooms and dormitories.

Universities have borrowed large sums of money in recent years to finance new buildings or even totally new campuses. But few projects have been finished, and now it's payback time, according to sources with the National Audit Office.

The Ministry of Education and the Ministry of Finance jointly released a document in July 2004 that called on colleges and universities to be more financially responsible. It also ordered universities to limit their enrollment growth rate to less than 5 percent.

The huge loan burden also resulted from the tide of universitymergers, said Chen Jia'er, former president of Peking University.

"By merging, the universities wanted to become famous in a bid to attract more attention and secure more government funds. However, the results of this have been far from satisfactory," Chen was quoted as saying byBeijingNews.

For example, following mergers with several universities and colleges in recent years,JilinUniversity in Northeast China's Jilin Province is now a mammoth institution with more than 60,000 students.

Jilin University issued a notice in March asking for suggestions on how to solve its financial problems.

"Since 2005, Jilin University has paid interest of as much as 150 million yuan to 170 million yuan each year on its loans. The debt has mainly been incurred in two areas -infrastructureand salaries," the notice said.


(China Daily 07/07/2007 page3)

分享按鈕
主站蜘蛛池模板: 四虎网址在线观看 | 96在线观看 | 538精品在线观看 | 亚洲成年人 | 深爱综合网 | 久久国产黄色片 | 97视频免费观看 | 国产让女高潮的av毛片 | 成人毛片一区二区三区 | 99热这里只有精品8 h片免费在线观看 | 黄色777| 四虎影城 | 日韩一级免费视频 | 国产福利视频 | 国产精品视频免费观看 | 日韩香蕉视频 | 在线视频一区二区三区 | 久久久久久久久综合 | 亚洲精品视频专区 | 欧美综合第一页 | 日日夜夜艹| 国产又粗又黄又爽 | 久久99深爱久久99精品 | 亚洲色图图片 | 欧美草草| 亚洲国产日韩在线 | 一级二级三级黄色片 | 国产一级片免费观看 | 香蕉视频在线视频 | 国产成人精品毛片 | 成人在线观看免费爱爱 | 青娱乐欧美| 黄色成年人网站 | 欧美激情16p | 成年人观看 | 国产精品免费一区二区三区都可以 | 亚洲视频一区在线观看 | 日韩成人精品一区二区 | ww国产| 久久手机免费视频 | 久久午夜精品 |